The Nigerian naira experienced a minor dip against the U.S. dollar at the weekend, slipping 0.12 percent to reach N1,730 per dollar in the parallel market,...
In the latest trading session of the week, the Nigerian naira demonstrated a slight recovery against the dollar in the official foreign exchange market. According to...
A member of the House of Representatives, Sulaiman Gumi, a former chairman of the House of Representatives Committee on Safety, Standards and Regulations, at the Nigeria...
FirstBank of Nigeria has issued a statement advising customers to ignore recent media reports suggesting an ongoing system upgrade, clarifying that no customer-related upgrades are currently...
The Nigerian federal government plans to gradually increase the Value Added Tax (VAT) rate from the current 7.5% to 15%, as part of a strategy to...
Despite the early 2024 arrests of key Grandoreiro operators, the banking trojan continues to launch global campaigns, now through a newly identified, lighter version targeting Mexico....
Elon Musk’s Starlink has temporarily suspended its recent price increase for Nigerian subscribers, citing “regulatory challenges.” This decision, communicated in a notice to customers...
In a significant move toward promoting sustainable energy in Nigeria’s automotive sector, the Nigeria Auto Journalists Association (NAJA) has received commendation from key stakeholders for organizing...
In a surprising announcement, the Central Bank of Nigeria (CBN) has confirmed that there will be no set deadline for the circulation of old series naira...
In the healthcare field, ICU stands for Intensive Care Unit; a specialized department in a hospital providing close monitoring and life-sustaining treatment to critically ill...